Title 806 | Chapter 009 | Regulation 190
806 KAR 9:190.Disclosure requirements for financial institutions authorized to engage in insurance agency activities.
Section 1.
A financial institution authorized by law to engage in insurance agency activities shall provide to an insurance consumer the disclosure forms:(1)
Notice of Free Choice of Agent and Insurer; and(2)
Financial Institution Disclosures.Section 2.
The disclosure form, Model Privacy Forms and General Instructions as incorporated by reference in 806 KAR 3:210, may be used to provide the disclosure required under KRS 304.9-135(2)(c).Section 3.
Incorporation by Reference.(1)
The following material is incorporated by reference:(a)
FI-02, "Notice of Free Choice of Agent and Insurer", (12/2020 edition); and(b)
FI-03, "Financial Institution Disclosures", (7/2002 edition).(2)
This material may be inspected, copied, or obtained, subject to applicable copyright law, at the Kentucky Department of Insurance, Mayo-Underwood Building, 500 Mero Street, Frankfort, Kentucky 40601, Monday through Friday, 8 a.m. to 4:30 p.m.HISTORY: (926 Ky.R. 506; Am. 1019; eff. 12-16-99; 29 Ky.R. 1362; eff. 1-16-2003; TAm eff. 8-9-2007; 46 Ky.R. 1869; eff. 1-3-2020; 47 Ky.R. 812, 1388; eff. 4-6-2021.)
806 KAR 9:190.Disclosure requirements for financial institutions authorized to engage in insurance agency activities.
Section 1.
A financial institution authorized by law to engage in insurance agency activities shall provide to an insurance consumer the disclosure forms:(1)
Notice of Free Choice of Agent and Insurer; and(2)
Financial Institution Disclosures.Section 2.
The disclosure form, Model Privacy Forms and General Instructions as incorporated by reference in 806 KAR 3:210, may be used to provide the disclosure required under KRS 304.9-135(2)(c).Section 3.
Incorporation by Reference.(1)
The following material is incorporated by reference:(a)
FI-02, "Notice of Free Choice of Agent and Insurer", (12/2020 edition); and(b)
FI-03, "Financial Institution Disclosures", (7/2002 edition).(2)
This material may be inspected, copied, or obtained, subject to applicable copyright law, at the Kentucky Department of Insurance, Mayo-Underwood Building, 500 Mero Street, Frankfort, Kentucky 40601, Monday through Friday, 8 a.m. to 4:30 p.m.HISTORY: (926 Ky.R. 506; Am. 1019; eff. 12-16-99; 29 Ky.R. 1362; eff. 1-16-2003; TAm eff. 8-9-2007; 46 Ky.R. 1869; eff. 1-3-2020; 47 Ky.R. 812, 1388; eff. 4-6-2021.)